The city of Chittoor is also the district headquarter of the Chittoor district in the Indian state of Andhra Pradesh and thus there are many district-level government institutions in this city. Chittoor also functions as the headquarters of the Chittoor Mandal and the Chittoor revenue division. The city has a population of more than 3.5 lakh residents who majorly speak in Telugu. However, the city also houses many Tamil, Kannada and Marathi speaking people. Chittoor is located in the southernmost part of Andhra Pradesh, on the banks of River Neeva. The economy of Chittoor is predominantly run by its agro-market. The city witnesses the production and trade of mango, grain, sugarcane and peanut. Tomato farming in Chittoor contributes to over 20% of the States production of tomatoes. The other industries in the region include oilseed, poultry and milk. It is the second largest milk producing district in the state and has an expansive dairy industry. Chittoor is also known for its textile industry. Silk is weaved in 13,000 power looms, providing employment to more than 40,000 workers. The granite industry is also known for its production of black, pink and grey granites. The historical Chandragiri Fort from the 11th century is the most notable landmark near Chittoor. Ardhagiri Anjaneyaswamy temple and Swayambu Varasidhi Vinayakaswamy temple are other notable landmarks in and around Chittoor.
The government owns 63.44% of the share capital of Union Bank of India making it one of the largest government-owned bank. As on 30 September 2015, the Union Bank had a network of 6909 ATMs. The online telebanking facility of UBI is available to all the Core Banking Customers, either individual or corporate. UBI had 4214 branches, as of September 2016. Out of them, four bank branches are outside India in Hong Kong, Antwerp, and Sydney (Australia) Dubai International Financial Centre. The representative offices of UBI are at Abu Dhabi, Shanghai, Beijing. The Union Bank of India (Union Bank) was registered as a limited company in Mumbai on 11 November 1919, and Mahatma Gandhi inaugrated it. The Union Bank of India had only four branches - three in Mumbai and one in Saurashtra at the time of Independence in 1947. After Independence, the growth of UBI was accelerated, and the Indian Government nationalized it in 1969. It had 240 branches by that time. The Union Bank of India acquired Belgaum Bank shortly after nationalization. The UBI bought the Miraj State Bank in 1985. In 1999 the Union Bank was requested by the RBI to acquire Sikkim Bank in a rescue after extensive irregularities had been discovered at the non-scheduled bank.